British climate tech startup Beam, which specialized in AI and robotics for offshore wind farm automation, has ceased operations and made all employees redundant as of early May 2025. The company, formed in late 2023 from the merger of Rovco and Vaarst, had over 200 employees and was actively seeking over £100 million in new funding prior to its collapse. This shutdown occurred just months after announcing ambitious expansion plans to hire an additional 200 staff, highlighting the challenging funding environment for climate startups. Beam operated in the renewable energy technology sector and had offices in the UK and the US.
